- Crude oil prices rose most in two months on OPEC maneuvering
- EIA inventory data may undermine momentum if API proves right
- Gold prices try to rebound but Fed-speak may cap follow-through
Crude oil prices posted the largest daily advance in nearly two months amid reports that OPEC members are scrambling to finalize the implementation details of an output cut deal struck in September. The cartel’s Secretary-General Mohammed Barkindo said members are fine-tuning the arrangement as he shuttled between meetings with producers to secure agreement before a formal meeting on November 30.
Share Talk interviewed Tlou Energy (LON:TLOU) Colm Cloonan, finance director last month . The Company announced that it has received an initial Independent Reserve Certification for its 100% owned Lesedi coal bed methane project in Botswana, the first certified gas reserves ever in Botswana.
Share Talk asked share holders to submit questions for the podcast. We received such a great responce, we ran out of time and were unable to submit all the questions. Colm agreed to answer any further questions and today we publish part two of the Tlou Energy Q&A.
No Hot Air is not a site of climate change skeptics. We believe both climate change and safe shale energy are scientifically proven concepts.
Unfortunately, both are also open to misinterpretation by those prone to conspiracy theories, who selectively cherry pick the contradictory data that naturally occurs in any large data-set, and who often have completely unconnected political agendas.
A key principle of NHA is to concentrate on the scientifically proven. We understand 100% risk free doesn’t exist in real life and hope you do likewise. Shale gas is not perfect. But neither is it perfectly evil. Which is why we always try and put things in perspective.
Perspective, and context matter.That’s why we always seek answers to the big questions: How big a problem in real life is that? How big a number is that actually? Can we learn from accidents? Or are we condemned to repeat them? If something good happened in North America, what is stopping it happening elsewhere? If something bad happened out of the North American experience, how can we prevent it happening in the rest of the world?
Angus Energy PLC said Monday 14th November 2016 that it has received permission from the UK Environment Agency to drill a side-track well at its Brockham production oil field in Surrey, after the company was admitted to trading on London’s AIM market.
The Angus Energy LON:ANGS
2009 the company was founded, the following year they qualifies as a UK O&G Operator. Jump forward to 2014 and the group acquired Brockham and Lidsey Oil Field Acquisition.
In 2015 Horse Hill Development Ltd. (HHDL) was founded by Angus Energy with Partners brought in to fund drilling of Horse Hill – 1 exploration well.
The Horse Hill-1 exploration well (less than five miles to the southeast of Brockham) was drilled and delivered on-time and on-budget by Angus Energy as the operator, partners. The group (Horse Hill sisters), which was behind the exploration at Horse Hill generated dramatic headlines in April 2105, with claims of a huge oil find near Gatwick airport
UK Oil & Gas, the largest investor in the site, said up to 100 billion barrels could lie under the area. However, the amount that could be extracted is yet to be proven with further drilling planned in 2107.
Angus Energy, one of the companies exploring for oil in the Home Counties, had its own plans and was planning to join the junior AIM market back in late 2015, hoping to raise millions of pounds to expand its drilling operations in Surrey and Sussex.
This is a onshore, UK-based oil and gas company that is focused on production and development. Angus Energy holds a 50% interest in the Lidsey licence PL 241 and a 40% working interest in the Lidsey-2 well.
Brockham and Lidsey Oil Field was always the prize and with their junior market listing, could they beat Horse Hill to the finish line in this race to get oil to market? Or will both benefit from the Weald Basin attention.
Well… the answer should be that you’re coming to Share Talk’s
Share Talk will have Kolar Gold (KGLD), Metal Tiger (MTR), Regency Mines (RGM), and Mkango Resources (MKA) presenting on the night.
Event Compere/MC Zak Mir
Before we you listen to the podcast, here is a little look behind the curtain and how is all started back in the day!
Share Talk went live on the eve of the Golden Bears Investor Show on the 25th November 2015. We never gave it any thought, how to collect content or how we would pay to host the site, hotel or even travelling costs. To be honest it was going to be a hobby website to share content with people to read and do research.
Greatland Gold plc (LON: GGP)Executive Director, Gervaise Heddle, discusses the RNS regarding their Bromus project’s Downhole EM results. He also discusses both their recent MoU with Metal Tiger Plc(LON:MTR)plus the recently published Final Results.